SoftBank Plans Record ¥1 Trillion Bond Issuance to Boost AI Investment

The scale is the signal: SoftBank is willing to tap its largest-ever yen bond market to fund AI infrastructure, a shift from its historical reliance on equity and Vision Fund vehicles. That matters because it deepens the link between corporate credit markets and AI capex, exposing bondholders to a buildout whose returns remain unproven. Watch whether this refinancing model spreads to other AI-infrastructure players, and whether SoftBank's balance sheet can absorb this debt load without further asset sales.